Pakistan Revenue
KARACHI: Pakistan Yarn Merchants Association (PYMA) has sought help of Trade Development Authority of Pakistan (TDAP) in abolishing regulatory duty on polyester yarn.
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KARACHI: Pakistan Yarn Merchants Association (PYMA) has demanded the central bank remove restrictions on opening of Letter of Credits (LCs) for the textile industry.
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KARACHI: Pakistan Yarn Merchants Association (PYMA) on Thursday demanded the government of exempting demurrage and detention charges on stuck-up consignments due to not opening of Letter of Credit (LC).
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KARACHI: Yarn merchants have protested the levy of regulatory duty at 5 per cent on import of polyester filament yarn. Economic Coordination Committee (ECC) of the cabinet this week approved the imposition of regulatory duty at five per cent on import of polyester filament yarn. Pakistan Yarn Merchants Association (PYMA), while rejecting ECC decision to […]
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KARACHI: Pakistan Yarn Merchants Association (PYMA) has appealed Prime Minister Shahbaz Sharif and Finance Minister Ishaq Dar to not impose Regulatory Duty (RD) on imported Yarn. The association has learnt that government was in process of imposing 5 per cent RD on import of Yarn on the pretext to discourage the import of Yarn, which […]
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KARACHI: Pakistan Yarn Merchants Association (PYMA) on Monday expressed concerns over massive depreciation of Pakistan Rupee (PKR) and fear it may collapse the local industry. PYMA Chairman Saqib Naseem, and Vice Chairman PYMA Sindh and Balochistan Muhammad Junaid Teli in a joint statement expressed disappointment on the part of the State Bank of Pakistan (SBP) […]
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KARACHI: Pakistan Yarn Merchant Association (PYMA) on Thursday demanded the government of immediate withdrawal of sales tax collection through monthly electricity bill. Saqib Naseem, Chairman Pakistan Yarn Merchants Association (PYMA), Muhammad Junaid Teli, Vice Chairman, Sind & Balochistan region, has rejected the imposition of Rs 6,000 tax on small business’s electricity bills, and demanded Finance […]
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KARACHI: Pakistan Yarn Merchants Association (PYMA) has urged the finance minister to remove anomalies in the budget 2022/2023. In a statement on Friday, Saqib Naseem, Chairman PYMA, Muhammad Junaid Teli, Vice Chairman, Sind & Balochistan region, has drawn attention of Minister for Finance and Revenue, Miftah Ismail over anomalies in Federal Budget 2022-23. READ MORE: […]
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KARACHI: Pakistan Yarn Merchants Association (PYMA) has asked the government to substantially reduce utility prices in order to save industry, especially small and medium enterprises (SMEs). In a statement on Friday, Saqib Naseem, Chairman, PYMA, Muhammad Junaid Teli, Vice Chairman, Sind and Balochistan region, have termed the sharp rise in prices of petroleum products by […]
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KARACHI: Pakistan Yarn Merchant Association (PYMA) on Tuesday rejected customs ruling issued for determination of value of polyester filament yarn. READ MORE: PYMA seeks duty, taxes cut on yarn in budget 2022/2023 Saqib Naseem, Chairman Pakistan Yarn Merchants Association (PYMA) and Muhammad Junaid Teli, Vice Chairman, Sind & Balochistan region, have strongly rejected Valuation Ruling […]
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